This leads to a company’s strategy formulation and implementation phases. The company’s mission statement, strategy and policies provide much needed direction. Where, on the other hand, strategy implementation provides the construct of programs, budgets and procedures.
Finally, constant evaluation and control ensure that the company continues to meet customer expectations and its revenue objectives.
Supply Chain Management involves organizing, controlling and managing ‘all’ suppliers associated with the sale of a product to the buying company. The failure of any of the buying company’s suppliers can mean delay and lost time. And this can mean additional costs but even worse, losing customers.
That is why companies must take an active role in their entire supply chains.
Likewise, MSCS provides professional management, administration, and supervision of a company’s acquisition program on a full or part-time basis.
Take procurement for example. With us performing as your fractional or full time CPO, you will receive management recommendations on all expenditures, both direct and indirect.
In addition, the CPO provides liaison duties for manufacturing, manufacturing engineering, R&D, and senior management.